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Heavy scrutiny of Dubai prince launching US$500 million family office in city could have ‘potentially offended’ other overseas investors, three senior officials say. ....
Private office of Sheikh Ali Rashed Ali Saeed Al Maktoum shares new launch plan amid concerns over prince’s track record and connections to UAE ruling family. ....
‘Many wealthy clients want to migrate here,’ says Undersecretary for Financial Services and the Treasury Joseph Chan Ho-lim, adding that the revamped scheme may attract HK$120 billion (US$15.4 billion) in capital a year. ....